Higgspad took 20 SOL for a dev buy that never happened

On October 4, 2026, @0xMarko77 posted that he lost 20 SOL launching a token on Higgspad, an AI influencer launchpad on pump.fun. Others in the replies called Higgspad a wallet drainer.

We traced it. It isn't a drainer: no malicious signature emptied anyone's wallet. What the chain shows is a launchpad that took payment twice for one launch, never delivered the dev buy, and stopped refunding.

The evidence: the case report and the Explorer board.

What happened to Marko

• 16:23:41 UTC. Marko pays 10 SOL to Higgspad's wallet, with the memo higgspad:pq_TywBy7ZCNidx.
• 16:23:46 UTC. He pays another 10 SOL, under a second payment quote, higgspad:pq_mBNjxx3DI5F5. Two charges for one launch.
• 16:23:54 UTC. His wallet signs the launch of $LUCIA. The transaction creates the token and contains no buy: he gets 0% of the supply. Snipers buy in the same second.
• 16:26:46 UTC. His wallet signs a pump.fun creator-fee sharing setup. Since then, Higgspad's wallet sweeps the token's creator fees and splits them 65% to Higgspad, 35% to Marko.

Higgspad's wallet never bought $LUCIA for him. Its only transactions involving the token are those two fee sweeps.

Whose wallet is it?

The 20 SOL went to Bw9BJWbmBfdSQbbxwbKnZ4US255e4bjMdCtusNi2At7c. Its very first SOL came from DAR7byxGpLWWdWUkRYM7Lqycvk5KGXMwoHkUJcD4se4r, the wallet that created $HIGGS, Higgspad's own token. It's Higgspad's deposit wallet, and it holds about 328 SOL.

Not just Marko

We read all 2,507 transactions of that wallet and matched every payment against the refunds.

• 644 payments, 83.66 SOL, from about 236 wallets, each with a higgspad: memo.
• 83 wallets were charged the same amount twice within a minute, like Marko.
• About 12 SOL was refunded, to 48 wallets, all between 14:59 and 15:00 UTC. Nothing has been refunded since. Marko got nothing back.
• One wallet paid 1 + 1 SOL seven seconds apart, launched its token, and got no dev buy either.
• Six wallets paid 6.5 SOL in total, and we found no launch for any of them.

Not a drainer, not lost

Every payment was signed by its sender, to Higgspad's own wallet, under Higgspad's memo. So this is not the kind of drain where funds vanish into a laundering chain.

That's also the good news: the money is still in a wallet Higgspad controls. Every affected wallet can be refunded from it.

If you launched on Higgspad

• Check your wallet for payments to Bw9BJWbmBfdSQbbxwbKnZ4US255e4bjMdCtusNi2At7c with a higgspad: memo, and compare them with the launches you actually got.
• Check whether you signed a creator-fee sharing setup after your launch: it decides who gets your token's creator fees.
• Ask Higgspad for a refund, with your transaction signatures. Never sign anything sent by "support" accounts in your DMs.
• Send us your wallet at @iris_intel_app and we'll check it.

See the evidence

The full case, with every transaction linked: the case report.

The board, with Marko, Higgspad's wallets and every affected wallet: the Explorer board.

Thanks to @skrootimburg for flagging it. Iris follows money across Solana, Bitcoin and EVM chains, through launchpads, mixers, bridges and swaps. Paste any wallet at iriscan.app to start.